Holding(s) in Company

RNS Number : 3236A
Drax Group PLC
19 March 2013
 



19 March 2013

 

Drax Group plc

Symbol:DRX

 

NOTIFICATION OF MAJOR INTEREST IN SHARES

 

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached: ii

Drax Group plc

2 Reason for the notification (please tick the appropriate box or boxes):

An acquisition or disposal of voting rights

X

An acquisition or disposal of qualifying financial instruments which may result in the acquisition of shares already issued to which voting rights are attached

An acquisition or disposal of instruments with similar economic effect to qualifying financial instruments


An event changing the breakdown of voting rights

Other (please specify):


3. Full name of person(s) subject to the notification obligation: iii

BlackRock, Inc.

4. Full name of shareholder(s)
 (if different from 3.):iv


5. Date of the transaction and date on which the threshold is crossed or
reached:
v

15th March 2013

6. Date on which issuer notified:

18th March 2013

7. Threshold(s) that is/are crossed or reached: vi, vii

Holding has gone below 5%

 

8. Notified details:

A: Voting rights attached to shares viii, ix

Class/type of
shares


if possible using
the ISIN CODE

Situation previous
to the triggering
transaction

Resulting situation after the triggering transaction

Number
of
Shares

Number
of
Voting
Rights

Number
of shares

Number of voting
rights

% of  voting rights x

Direct

Direct xi

Indirect xii

Direct

Indirect

GB00B1VNSX38

19,728,924

19,728,924

N/A

N/A

N/A

N/A

Below 5%


B: Qualifying Financial Instruments

Resulting situation after the triggering transaction

Type of financial
instrument

Expiration
date
xiii

Exercise/
Conversion Period
xiv

Number of voting
rights that may be
acquired if the
instrument is
exercised/ converted.

% of voting
rights







C: Financial Instruments with similar economic effect to Qualifying Financial Instruments xv, xvi

Resulting situation after the triggering transaction

Type of financial
instrument

Exercise price

Expiration date xvii

Exercise/
Conversion period
xviii

Number of voting rights instrument refers to

 

% of voting rights xix, xx

 






Nominal

Delta




Total (A+B+C)

Number of voting rights

Percentage of voting rights


Below 5%

 

9. Chain of controlled undertakings through which the voting rights and/or the
financial instruments are effectively held, if applicable:
xxi

 

BlackRock Investment Management (UK) Limited - Below 5%

 


Proxy Voting:

10. Name of the proxy holder:


11. Number of voting rights proxy holder will cease to hold:


12. Date on which proxy holder will cease to hold voting rights:




13. Additional information:

Information provided by the BlackRock Regulatory Threshold Reporting Team

14. Contact name:

Philip Hudson

Company Secretary

15. Contact telephone number:

01757 6121917

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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